Indiana’s unemployment rate drops to 20-plus-year low
However, the state’s labor force participation rate also fell, drooping from 62.7% in October to 62.5% in November—a near-record low for at least the last 46 years.
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Indianapolis-based RCA firm acquired by Arizona conglomerate
Indianapolis-based RCA Commercial Electronics, which sells both commercial televisions and LED lighting, has been acquired for $14 million cash plus other considerations. The deal closed earlier this week.
Marketing-tech firm ActiveCampaign selects new site for Indianapolis office
Chicago-based ActiveCampaign, which opened an Indianapolis office in 2019, had been searching for months for a new, larger space. Its new office will be an 8,800-square-foot space on Mass Ave.
British Airways scraps proposed London-to-Indianapolis flight for 2022
The airline had eyed a slot at London’s Heathrow Airport for a flight to Indianapolis, but routes to Pittsburgh and Portland, Oregon, were the only two ultimately awarded.
Indianapolis-area state senators target criminal justice system with new bills
Republican legislators on Thursday introduced a spate of new bills targeting the criminal justice system in the Indianapolis area and across Indiana.
Judge overturns deal giving Purdue Pharma’s Sackler family immunity from opioid claims
The chairman of the company’s board, Steve Miller, said in a statement that the ruling would “delay and perhaps end the ability of creditors, communities, and individuals to receive billions in value to abate the opioid crisis.”
Poll backs lawmakers’ moves to restrict employer vaccine mandates
The survey of 576 adult Hoosiers by the Bowen Center for Public Affairs at Ball State University shows that while 30% support employer vaccine mandates, 40% want employers only to encourage vaccines. Another 28% don’t want employers to encourage or require the shots.
Explainer: Must employers follow Biden’s vaccine mandates?
Tens of millions of workers across the U.S. are in limbo as federal courts have put President Joe Biden’s COVID-19 vaccine mandates affecting private companies largely on hold. Here’s where everything stands.
CDC recommends Pfizer, Moderna COVID-19 shots over J&J’s
The strange clotting problem has caused nine confirmed deaths after J&J vaccinations—while the Pfizer and Moderna vaccines don’t come with that risk and also appear more effective, said advisers to the Centers for Disease Control and Prevention.
Facing criticism over high fees and profits, IU Health rolls out 5-year price freeze
Indiana University Health, which charges the highest hospital fees in the Indianapolis area and is sitting on nearly $9 billion in cash and investments, said it is freezing prices through 2025 to help get in line with national average prices.
Indiana reports 55 more deaths from COVID-19, rise in cases
COVID-19 patients now occupy 35.4% of Indiana’s intensive care unit beds.
Indiana officials projecting big jump in budget surplus
The State Budget Committee on Thursday projected booming growth in Indiana’s budget surplus, setting up a debate during the upcoming legislative session over possible tax cuts.
Sophia’s Bridal & Tux expanding to Keystone at the Crossing, Louisville
The Indianapolis-based formalwear shop says the decision to expand is a result of growth in the bridal and prom industries, as well as the need for a larger retail space on Indy’s north side.
Hinchcliffe moves from IndyCar driver to NBC analyst
The media-savvy Canadian will replace countryman Paul Tracy in the booth and call next year’s 17-race schedule alongside Leigh Diffey and Townsend Bell.
U.S. jobless claims rise but still historically low at 206,000
The four-week average, which smooths out week-to-week volatility, fell by 16,000, to less than 204,000, the lowest level since mid-November 1969, according Department of Labor figures released Thursday.
U.S. industrial production up by 0.5% in November
U.S. industrial production increased in November as output at the nation’s factories reached the highest level since January 2019.
Governor taps his former speech writer to lead White River State Park
Jake Oakman, who has a history in tourism and Republican state politics, has been appointed executive director for the White River State Park Development Commission by Indiana Gov. Eric Holcomb.
The Fresh Market grocery chain plans second Carmel location
Upscale grocery chain The Fresh Market intends to place a store in the former site of an Earth Fare store in Carmel.
State reports 87 more COVID deaths, another rise in hospitalizations
Indiana University Health, the state’s largest hospital system, said Wednesday that the Indiana National Guard was supporting 13 of its 16 hospitals statewide with six-person teams.
Indiana Republican lawmakers want parents to review school curriculum
In the wake of contentious school board meetings throughout Indiana over critical race theory, leading Republican lawmakers said they will propose allowing parents to have more of a say in what their children are taught in schools.